October 30, 2020 @ 10:44 pm By Samantha Hurst  |  

  NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, announced earlier this week it has joined forces with fiat infrastructure provider Simplex to help make XEM,  NEM’s native token, purchasable by credit and debit card through Simplex’s global network of… Read More

October 30, 2020 @ 10:24 pm By Samantha Hurst  |  

  Skan, the AI-enabled process discovery and operational intelligence, recently announced it secured $14 million through its Series A funding round, which was led by Cathay Innovation with participation from Citi Ventures, Zetta Ventures, Bloomberg Beta, Plug and Play Ventures, and Firebolt Ventures. Founded in 2018, Skan uses cognitive… Read More

October 30, 2020 @ 3:20 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com recently announced that the latest research revealed decentralized finance (DeFi) is now being taken seriously by traditional finance. The research, which was conducted by Crypto and BCP Platinion, part of Boston Consulting Group, analyzes the uptake of decentralized services among… Read More

October 30, 2020 @ 9:39 am By Samantha Hurst  |  

Prime Trust, a blockchain-driven trust company, announced on Friday the launch of PrimeCore, which is a proprietary core banking software for fractional assets, including cryptocurrency. According to Prime Trust, PrimeCore operates as a secure, cloud-based SaaS that is accessible entirely through Application Programming Interfaces (APIs)…. Read More

October 30, 2020 @ 9:05 am By Samantha Hurst  |  

Deutsche Bank announced on Friday it has named Nuggets as the winner of the 2020 Female FinTech Competition. Deutsche Bank noted that it ran the competition alongside Atos, Google Cloud, and TechQuartier. The competition invited fintech companies with a female founder or female(s) in the… Read More

October 30, 2020 @ 8:31 am By Samantha Hurst  |  

  Afterpay, a digital platform that offers interest-free installment plans for online purchases, is continuing its expansion efforts by launching a savings account and cash flow tools in Australia. The latest expansion comes just a couple of months after Afterpay announced its expansion into Canada…. Read More

October 29, 2020 @ 11:00 pm By Samantha Hurst  |  

Travala, a service that lets users pay for hotel reservations with digital currencies, has returned to equity crowdfunding platform Crowdcube and has successfully raised more than £830,000 in funding from nearly 490 Crowdcube investors. This latest round comes less than a year after Travala raised… Read More

October 29, 2020 @ 4:14 pm By Samantha Hurst  |  

Twin Science & Robotics, a new educational experience that up skills children with physical and digital products, has successfully surpassed its initial £750,000 campaign funding target through equity crowdfunding platform Seedrs. The funding round has so far attracted more than 200 Seedrs investors.  Founded in… Read More

October 29, 2020 @ 3:56 pm By Samantha Hurst  |  

Wise, a U.S.-based embedding banking startup, announced on Thursday it secured $12 million through its Series A funding round, which was led by e.ventures with participation from Grishin Robotics, and with continued investment from seed investors, Base10 Partners and Techstars. The latest investment comes just… Read More

October 29, 2020 @ 11:36 am By Samantha Hurst  |  

U.S. digital bank Radius Bank announced on Thursday it has teamed up with API banking group Treasury Prime to launch its commercial API banking platform and developer sandbox. Radius noted that with API banking it is expanding its banking-as-a-service (BaaS) digital platform by offering commercial… Read More

October 29, 2020 @ 10:36 am By Samantha Hurst  |  

SoFi, one of the most successful fintechs in the U.S., announced on Wednesday it has launched its first-ever credit card. According to SoFi, the credit card incentivizes healthy financial habits and delivers on its mission to help people get their money right. The card, which… Read More

October 29, 2020 @ 9:31 am By Samantha Hurst  |  

Barclays announced earlier this week it is launching a 12-week virtual accelerator program that is designed to help early-stage tech businesses, founded by one or more black entrepreneurs. Barclays reported that the program, which is in partnership with social enterprise Foundervine, was created in order to… Read More

October 29, 2020 @ 8:35 am By Samantha Hurst  |  

Remitter USA Inc., a U.S.-based AI-powered digital communications platform, announced on Thursday it has formed a new partnership with Alchemy Technologies (Alchemy), a fintech infrastructure development company.  Remitter reported that the partnership between it and Alchemy will further “streamline and automate” recovery efforts for creditors in the… Read More

October 28, 2020 @ 3:22 pm By Samantha Hurst  |  

  U.S. fintech Brex announced on Tuesday it has introduced new features tailored to solving the cash flow pain points of growing e-commerce businesses. According to Brex, the launch of instant payouts and e-commerce-specific rewards alleviate growth barriers faced by e-commerce companies and furthers the company’s… Read More

October 28, 2020 @ 1:38 pm By Samantha Hurst  |  

  UNest, a U.S.-based mobile app that helps parents invest in their children’s future financial wellness, announced on Wednesday the launch of its UNest Investment Account. According to UNest, the account is a tax-advantaged custodial account that enables parents to save for more than just… Read More

October 28, 2020 @ 1:24 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Wednesday its Coinbase Card has made its debut in the U.S. Coinbase reported that the card allows crypto to be used for payments and purchases online and in-store, as well as ATM withdraws.  “The introduction of Coinbase Card was a significant milestone… Read More

October 28, 2020 @ 11:38 am By Samantha Hurst  |  

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Wednesday it is now supporting the Euro (EUR) for deposits and trading on its platform. According to Gemini, the platform’s users may now purchase all available cryptos with EUR on mobile app and… Read More

October 28, 2020 @ 11:10 am By Samantha Hurst  |  

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Wednesday it has recently surpassed $100 million in crypto-assets. Founded in 2017, Bitwise Asset Management claims it pioneered the first cryptocurrency index fund and is the leading provider of rules-based exposure to… Read More

October 28, 2020 @ 9:42 am By Samantha Hurst  |  

Singapore-based privacy coin Zcoin (XZC) announced on Wednesday the rebranding to the new name and ticker Firo (Fee-Roh) (XFR). The rebranding is notably going into effect on November 30th, when the mainnet binaries for Lelantus:, which is a next-generation privacy protocol offers high practical anonymity similar… Read More

October 28, 2020 @ 9:09 am By Samantha Hurst  |  

Blockchain technology firm Fineqia International Inc. announced on Wednesday it has participated in the $21 million IDEO CoLab Ventures fund, which notably invests in early-stage blockchain and cryptocurrency startups. According to Fineqia, the fund is backed by global design company IDEO, which is known for… Read More